Solana Synthetic Stablecoin Protocol Solstice TVL Exceeds $200 Million

Solana's synthetic stablecoin protocol Solstice TVL has exceeded $200 million. It launched interest-bearing synthetic stablecoin USX and native staking protocol at the beginning of the month, achieving delta-neutral returns through arbitrage and staking strategies, fully collateralized by USDT and USDC to maintain pegging, and holders can access the YieldVault protocol.